đ„ DFDVx â First Nasdaq-Listed Stock Tokenized on Solana đ„
DeFi Development Corp. (DFDV) has partnered with Kraken to tokenize its shares on the Solana blockchain under the symbol DFDVx â making it the first publicly listed U.S. company with an on-chain crypto treasury strategy.
This is part of the xStocks alliance (Kraken - Backed - Solana), aiming to bring major stocks like Apple, Tesla, and Nvidia onto the blockchain. DFDVx enables 24/7 trading, DeFi integration, and opens new possibilities for financial innovation.
đ Following the announcement on June 23, 2025, DFDV stock surged 6.01% to $26.38. Since April, the stock has already gained over 970%.
DFDV currently holds over 609,190 SOL (~$97M), operates a validator on Solana, and is expanding its DeFi presence through integrations with Kamino and Orca via dfdvSOL.
CEO Joseph Onorati described DFDVx as âa DeFi lego blockâ â enabling developers to build derivative products, lending systems, or synthetic assets tied to real shares. Kraken emphasized growing demand for tokenized stocks, especially from companies with strong crypto-focused strategies like DFDV.
DFDVx marks a major milestone in the tokenization of real-world assets (RWAs), bridging TradFi with DeFi through Solanaâs fast and low-cost infrastructure.
With strong fundamentals and clear direction, DFDV is positioning itself as a trailblazer in crypto-powered capital markets.
#Solana #DeFi #TokenizedAssets